Transcript of "How To Hire Like Fortune's Most Admired"

1.
FORTUNE’S MOST ADMIRED LIST
How do you make the list?
Companies are ranked on
9 different attributes
by 15,000 executives
across the globe.
THESE 10 COMPANIES ARE THE WORLD’S MOST ADMIRED
LARGELY BECAUSE OF THEIR TALENT:
“ABILITY TO ATTRACT
AND RETAIN
TALENTED PEOPLE”
is the No.1 attribute in
the ranking.

2.
THE TALENT DIFFERENCE
What is the impact of attracting the world’s most admired talent?
An employee at a
“Fortune’s Most Admired” company
BRINGS IN A STAGGERING
$593,150.21 IN REVENUE.
This may be why investing in
FMA companies over the last 3 years would
have yielded an 11%+ better return
than the S&P 500.
FMA 63,3%
51,68%S&P 500

3.
THE FORMULA
What’s different about talent acquisition
at the world’s most admired companies?
The world’s most admired companies attract this incredible
talent by continuously investing in these 5 areas:
WORLD CLASS
BENEFIT
PROGRAMS
NEW
RECRUITING
AND TALENT
MANAGEMENT
TECHNOLOGIES
EMPLOYMENT
BRANDING
INITIATIVES
AN AMAZING
CANDIDATE
EXPERIENCE
HONEST
EMPLOYEE AND
CANDIDATE
FEEDBACK

4.
OFFER WORLD CLASS BENEFITS
Benefits may seem like standard practice but with an
increasingly competitive environment they’re becoming
more important and candidates are looking for the best.
Breakfast,
lunch, dinner
Transportation Employee stock
purchase
Tuition
assistance
COMPANIES ON FORTUNE’S LIST THINK ABOUT MORE
THAN JUST TRADITIONAL OFFERINGS LIKE 401(K) MATCH
AND INSURANCE TO MAKE SURE THEY STAND OUT.

5.
FOCUS ON YOUR
EMPLOYMENT BRAND
Find ideas and inspiration from the career sites of these stand out
brands: Apple, Google, Microsoft, Nike, J.P. Morgan Chase,
Goldman Sachs – companies known for their talent and brands.
Employees are joining
your brand when they
join your company.
At every step in the
recruiting process you
need to let them know
WHAT IT MEANS TO
JOIN YOUR BRAND.
with custom career pages,
mobile pages, interview
experiences, all the way
through to the final offer.
of Fortune’s list have
created a completely
branded hiring experience
>70%

6.
EMBRACE NEW
RECRUITING TECHNOLOGIES
MOBILE SOCIAL VIDEO
In HireVue’s Global Talent Acquisition Report we noted
3 major technology trends that are shaping the recruiting landscape.
Fortune’s Most Admired companies have been the first to realize that these
trends will require their talent acquisition teams to invest in these key areas:
have mobile
friendly career site
use LinkedIn for
reaching candidates
post their job
openings on Twitter
use HireVue for
digital interviewing

7.
DELIVER AN
AMAZING EXPERIENCE
For a long time it has been hard to meet the needs of a busy candidate.
Many of them have had to accept the poor experience of an interview
interrupting their day or worse, they have had to just turn down the interview.
On Demand technology allows you
to reach candidates when they are
available including both before work
and after work.
Based on data pulled from over 50,000
HireVue interviews we found that
46%of candidates prefer taking
interviews outside of business hours

8.
CANDIDATES ARE YOUR CUSTOMERS
What is your NET PROMOTER SCORE (NPS)?
Will they want their friends
to go through the same
hiring experience?
Subtract the % of
candidates that give
you a score from 1-6
from the % that give a
score from 9-10.
Will they become advocates
of your company from their
very first impression?
Ask your candidates
“HOW LIKELY ARE YOU TO RECOMMEND THIS
EXPERIENCE TO A FRIEND OR COLLEAGUE?”

9.
CANDIDATES ARE YOUR CUSTOMERS
How are you reviewed?
Facebook, Twitter, and Glassdoor have opened the doorway for
customers, employees, and candidates to speak up about their
experience with your company. These sites and others have
made it more important than ever to take control of the
way the world experiences your brand.
In a survey conducted by HireVue, 9,000 candidates were asked about
the digital interviewing experience and how it made them feel about
the companies who were interviewing them.
Appreciate the
time flexibility
Appreciate the fairness
and consistence
Agree it’s an effective
way for companies to
get to know them
Agree perceptions of
the company were
positively affected

10.
TECHNOLOGY’S EFFECT
The Result of a Candidate Driven Experience with HireVue
Recruiters at Fortune 500
companies using HireVue say
“Better gauge of
candidate’s personality,
character, and fit.”
“Improved submit
to hire ratios.
More strategic.”
“Rave reviews
and praise from
my managers.”
“More candidate
insights earlier,
speeds time to fill.”

12.
14 OUT OF 50 FORTUNE’S
MOST ADMIRED COMPANIES
USE HIREVUE.
They trust HireVue to improve their candidate
experience while simultaneously streamlining
their hiring process.
Contact HireVue for a demo today.